CBSE > Class 12 > Economics | CBSE Board | Homework Help

Demand curve slopes downwards because of inverse relationship between price of a commodity and quantity demanded But as you mentioned what is diminishing marginal utility? diminishing marginal utility states that as more and more are consumed marginal utility derived from each additional unit much decline Lets take an example you are a rational consumer for instance you purchased 10 pcs of commodity X for rs 200 , wouldn't you be bargaining it to purchase the same good for below 200 at next time when you visit the market? surely you will say i want to but the same good for rs 190 or less this is why demand curve slope downwards

4Thank You

Ayesha Kumari 7 years, 10 months ago

The low of DMU states that the change in total utility. If the consumer consume more and more unit than we well get less and less satisfaction . It also state the decrease in marginal utility .if the consumer consume first unit than he will get les satisfaction. If continue the consumption than he will get less and less satisfaction.

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ANSWER

Why MP rises when MC falls?

Posted by Sneha Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How demonetization effect credit creation of banks

Posted by Iqbal Kaur 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Saurav Malik 7 years, 10 months ago

Reduce the credit creation

1Thank You

ANSWER

Impact of demonetization on credit creation

Posted by Iqbal Kaur 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is impact of demonetization on crefit creation

Posted by Iqbal Kaur 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Saurav Malik 7 years, 10 months ago

It will reduce the credit creation

1Thank You

Rahul Jain 7 years, 10 months ago

Pta nhi

2Thank You

ANSWER

Explain the determination of uncome by using AD and AS approach

Posted by Priyanka Kumari 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Innocent Girl 7 years, 10 months ago

book ch wadeia dhang nl daseia hoeia otho padh

0Thank You

ANSWER

Why AR/price falls?what was the reason

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Naman Jain 7 years, 10 months ago

Because TR is increase

1Thank You

ANSWER

Why cost is equal to oppotunity cost?

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Saurav Malik 7 years, 10 months ago

The cost of second best alternative

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ANSWER

A producer starts a business by investing his own savings and by hiring the labour. Identify and explain the concept of implicit and explicit costs from this information.

Posted by Ritika Kashyap 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Annika Sharma 7 years, 10 months ago

Investing his own service is a implicit cost.. Because it is a cost of using self owned inputs and this cost is called implicit cost Hiring the labour iz a explicit cost.. Beacause it is a cost of hiring input from market and this is called explicit cost

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How depreciation is calculated on money guys pls tell me

Posted by Aman Yadav 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Wht is optimum plant capacity??

Posted by Mohammad Saif 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Slope of firm's demand curve under perfect competition is inelastic or zero

Posted by Vaidehi Saraf 7 years, 10 months ago

CBSE > Class 12 > Economics

4 answers

Vaidehi Saraf 7 years, 10 months ago

Mansi ye zero kaise h

0Thank You

Saurav Malik 7 years, 10 months ago

It is infinity

0Thank You

Vaidehi Saraf 7 years, 10 months ago

How

0Thank You

Mansi Agrawal 7 years, 10 months ago

It will be zero

1Thank You

ANSWER

What happen to the difference b/w AVC &ATC as production is increased?

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

4 answers

Yashashshri Sharma 7 years, 10 months ago

With increase in production the gap between ATC and AVC decreases bt they do not intersect each other bcz gap between AVC and ATC is equal to AFC

0Thank You

Harmanveer Kaur 7 years, 10 months ago

AVC becomes nearer to ATC.

0Thank You

Annika Sharma 7 years, 10 months ago

Question is related to AVC & ATC (ONLY)

0Thank You

Aman Yadav 7 years, 10 months ago

ATC instead AFC

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ANSWER

Demand and price is negatively related or demand and price is inversely related ek hi chiz hota h Kya?

Posted by Rahul Jain 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Annika Sharma 7 years, 10 months ago

Yes

2Thank You

ANSWER

The supply curve of a commodity started from origin when its prise rise by 10% its quantity supplied rise by 40 units.calculate the original supply. Can anyone help me plzz....

Posted by Shahin Khan 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Mansi Agrawal 7 years, 10 months ago

Elasticity of supply will be 1.then use the proportionate method to find put the original supply.

2Thank You

ANSWER

Subsidies is an example of * Revenue expenditure * Capital expenditure * Plan expenditure * None of these

Posted by Aman Roy 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Lalita Gariya 7 years, 10 months ago

Revenue expenditure.

1Thank You

ANSWER

What is opportunity cost?

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

5 answers

Ankur V 7 years, 10 months ago

When Resources are continuously shifted from USE 1 (Opportunity-1 ) to USE 2 (Opportunity -2) then the sacrifice has to be taken for availing additional unit of Good Y In other word Opportunity cost is the total sacrifice made when Resources are shifted from Good X to Good Y

2Thank You

Sonal Sachdeva 7 years, 10 months ago

the cost of next best alternative foregone is known as opportunity cost

0Thank You

Vaidehi Saraf 7 years, 10 months ago

The cost which is required to avail a opportunity

0Thank You

Aamir Beg 7 years, 10 months ago

The next best alternate use resources is called opportunity cost

0Thank You

Riya Ahuja 7 years, 10 months ago

It is the value of a factor in its alternative use

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ANSWER

What is the meaning of postponement of law of variable proportion??

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Dhairya Gupta 7 years, 10 months ago

Sorry typing mistake ahana *autocorrect*

0Thank You

Dhairya Gupta 7 years, 10 months ago

Dear asana postponment of law of variable proportion or u can say exceptions of law of variable proportion is not in our syllabus

1Thank You

Annika Sharma 7 years, 10 months ago

Ans plss

0Thank You

ANSWER

Why is a monopolistic said to be price maker with constraint? Explain

Posted by Ritika Kashyap 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Ankur V 7 years, 10 months ago

In Monopolistic market seller are considered as price maker whereas in perfect market they are said to be price taker Its because Perfect market have large number of sellers and market is very competitive infact there goods are homogeneous in nature so we can say they have many substitutes . in Monopolistic market goods are not have so much of substitutes as compared to perfect market and seller is allowed to fix the price of the goods on its own according to their brand and quality of their products

1Thank You

Vaidehi Saraf 7 years, 10 months ago

M.C. is a price maker as it has partial control over price. Due to the availability of close substitute it donot have full control over price.

3Thank You

ANSWER

State whether the following statements are true or false. Give reasons for your answer: 1. When the total revenue is constant, average revenue will also be constant. 2. Average variable cost can fall even when marginal cost is rising. 3. When marginal product falls, average product will also fall.

Posted by Ritika Kashyap 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

H H 7 years, 10 months ago

1 false

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ANSWER

MR & MC Apporach

Posted by Shubham Panjwani 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Harmanveer Kaur 7 years, 10 months ago

A producer strikes his equilibrium when the following conditions are fulfilled:- 1.MR=MC. 2.MC must be rising

0Thank You

ANSWER

Why RBI does not issues 1rs notes?

Posted by Shivesh Nyati 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Ankit Siwach 7 years, 10 months ago

No,becouse RBI does not issue 1rs notes it is under by the state Government RBI ka bade noto par adhikar hota hai jaise ke 2,000,500,100 5 rs se niche state government ke hath me hota hai.

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ANSWER

What is shutdown point

Posted by H H 7 years, 10 months ago

CBSE > Class 12 > Economics